$3,443 Closing Credit*
$289,900
704 SqFt
1 Bed
•1 Full Bath
Ronald Kaplan, Listing Office: Halprin Realty LLC
Is Hollywood, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Hollywood was a Seller's Market.
Key Takeaway
Hollywood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hollywood, FL
How much do homes in Hollywood, FL cost?
Median Sold Price
$485,000
$359/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,006(+5.4%)
Key Takeaway
Homes in Hollywood have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Hollywood was $485,000 in October 2024, up 5.4% from last year, and the median price per square foot was $359.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225.2K | $248.3K | +10.2% |
| 2 Bedrooms | $392.9K | $380.1K | -3.3% |
| 3 Bedrooms | $500K | $549.1K | +9.8% |
| 4 Bedrooms | $700K | $721.5K | +3.1% |
| 5+ Bedrooms | $1.1M | $1.0M | -9.9% |
Summary: Hollywood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.2%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 9.9%.
Median Sold Price Compared To Nearby Cities
| Pembroke Park | $128.3K | $259K | +101.7% |
| Dania | $302.5K | $362.5K | +19.8% |
| West Park | $393K | $443K | +12.7% |
| Dania Beach | $375K | $410K | +9.3% |
| Hollywood | $459.9K | $485K | +5.4% |
Housing Supply in Hollywood, FL
How many homes are available in Hollywood, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,392 | 1,521 | +9.3% |
Summary: The Hollywood real estate market had 1,521 homes for sale in October 2024, a 9.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 318 | 355 | +11.6% |
| 2 Bedrooms | 535 | 570 | +6.5% |
| 3 Bedrooms | 332 | 380 | +14.5% |
| 4 Bedrooms | 135 | 134 | -0.7% |
| 5+ Bedrooms | 72 | 82 | +13.9% |
Summary: The Hollywood housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.6%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 14.5%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 13.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 137 | 99 | -27.7% |
Asking Price vs. Sold Price
82 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hollywood, you may be able to get a good deal. 82.8% of homes here sold below asking price last month.
Summary: A total of 99 homes were sold or pending in Hollywood in October 2024, down by 27.7% month-over-month. Of the 99 sold homes, 83% were sold under asking, 9% were sold at asking, and 8% were sold over asking.
Days on Market for Hollywood, FL
How long does it take to sell a home in Hollywood, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 67 Days | 75 Days | +12.1% |
Summary: Homes in Hollywood had an average of 75 days on market in Oct 2024, up by 12.1% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
27 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hollywood are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 99 homes were sold in Hollywood; 37% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.